Sales of mid-priced products among tourists in Hong Kong weakened compared with the past, The Standard reported Tuesday, citing gold jeweler maker Chow Sang Sang (HKG:0116).

Spending on entry-level products has risen, but that of high-end goods has fallen, but within sustainable limits, the report said, citing the jeweler's chairman, Vincent Chow Wing-shing.

Chow said same-store sales during the Labor Day holiday were satisfactory, while staying confident about sales for the next half year, the report said.

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